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Highlights

A collection of news and information related to Budget Control Act of 2011 published by this site and its partners.

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    May 22, 2013 |Story| Los Angeles Times
  1. Fed's Dudley says decision on stimulus pullback still months away

    WASHINGTON — A top Federal Reserve official said Wednesday that a decision on reducing the central bank's unprecedented economic stimulus efforts still is three to four months away as policymakers first must determine if the recovery is strong enough to handle such a pullback.
    WASHINGTON — A top Federal Reserve official said Wednesday that a decision on reducing the central bank's unprecedented economic stimulus efforts still is three to four months away as policymakers first must determine if the recovery is strong...

    Tags: Ben Bernanke, Jamie Dimon, Central Bank, Labor Markets, Federal Reserve

  2. May 17, 2013 |Story| Los Angeles Times
  3. HUD to shut down offices as a result of sequester

    Across-the-board cuts in the federal budget will force the Department of Housing and Urban Development to close its offices on May 24 and possibly six other days.
    Across-the-board cuts in the federal budget will force the Department of Housing and Urban Development to close its offices on May 24 and possibly six other days. HUD, which provides assistance programs for low-income and homeless people, said Friday...

    Tags: Jerry Brown, Unemployment, Budgets and Budgeting, U.S. Department of Housing and Urban Development, Shaun Donovan

  4. May 17, 2013 |Story| Los Angeles Times
  5. Obama budget would cut deficits, report says

    <span class="runtimeTopic">WASHINGTON</span> -- President Obama&rsquo;s proposed mix of tax hikes and spending cuts would reduce future budget deficits more quickly than under current laws, according to a report issued Friday that could rekindle the dormant budget wars in Washington.
    WASHINGTON -- President Obama’s proposed mix of tax hikes and spending cuts would reduce future budget deficits more quickly than under current laws, according to a report issued Friday that could rekindle the dormant budget wars in Washington....

    Tags: John Boehner, Budgets and Budgeting, U.S. Department of the Treasury, White House, Politics

  6. May 8, 2013 |Story| Los Angeles Times
  7. FAA to keep control towers at midsize airports open at night

    Budget cuts won't force the closure of air traffic control towers during overnight shifts, the Federal Aviation Administration said Wednesday.
    Budget cuts won't force the closure of air traffic control towers during overnight shifts, the Federal Aviation Administration said Wednesday. But the federal agency said it is still uncertain whether it will be forced this summer to close towers...

    Tags: Air Transportation Industry, Unemployment, Spirit Airlines, Air Transportation Delays, Layoffs and Downsizing

  8. May 9, 2013 |Story| Los Angeles Times
  9. Air traffic control towers to stay open overnight

    Budget cuts won't force the closure of air traffic control towers during overnight shifts, the Federal Aviation Administration said Wednesday.
    Budget cuts won't force the closure of air traffic control towers during overnight shifts, the Federal Aviation Administration said Wednesday. But the federal agency said it is still uncertain whether it will be forced this summer to close towers...

    Tags: Air Transportation Industry, Unemployment, Air Transportation Delays, Layoffs and Downsizing, Career and Workplace

  10. May 11, 2013 |Story| Los Angeles Times
  11. Sequestration: 149 air traffic control towers are spared -- for now

    The 149 air traffic control towers that were scheduled to close this summer because of federal sequestration will remain open until at least September, government officials said Friday.
    The 149 air traffic control towers that were scheduled to close this summer because of federal sequestration will remain open until at least September, government officials said Friday. The Federal Aviation Administration said legislation approved by...

    Tags: Air Transportation Industry, Air Transportation Delays, Federal Aviation Administration

  12. May 10, 2013 |Story| Los Angeles Times
  13. FAA won't close air traffic control towers at small airports

    The 149 air traffic control towers that were slated to close this summer because of the federal sequestration will remain open until at least September, federal officials said Friday.
    The 149 air traffic control towers that were slated to close this summer because of the federal sequestration will remain open until at least September, federal officials said Friday. The Federal Aviation Administration said legislation approved by...

    Tags: Air Transportation Industry, Transportation Security Administration, Air Transportation Delays, Layoffs and Downsizing, Federal Aviation Administration

  14. May 9, 2013 |Story| Los Angeles Times
  15. GOP may seek to tie debt ceiling deal to tax code changes

    WASHINGTON &mdash; In a little more than a week, the U.S. will hit its debt limit &mdash; and the maneuvering has begun against a backdrop of the mid-2011 drama that led to the nation's first-ever credit downgrade.
    WASHINGTON — In a little more than a week, the U.S. will hit its debt limit — and the maneuvering has begun against a backdrop of the mid-2011 drama that led to the nation's first-ever credit downgrade. An improving economy and higher taxes,...

    Tags: Tom McClintock, U.S. Department of the Treasury, Politics, Finance, Bonds

  16. Apr 29, 2013 |Story| Los Angeles Times
  17. Air traffic controllers' furloughs end

    The furloughed air traffic controllers are back at work, and now the nation's airlines can blame only bad weather for delays in getting you to your destination.
    The furloughed air traffic controllers are back at work, and now the nation's airlines can blame only bad weather for delays in getting you to your destination. The furloughs that began about a week ago — delaying hundreds of planes across the...

    Tags: Air Transportation Industry, Unemployment, Air Transportation, Air Transportation Delays, Career and Workplace

  18. Apr 25, 2013 |Story| Associated Press
  19. Senate passes bill to ease FAA furloughs

    WASHINGTON -- With flight delays mounting, the Senate approved hurry-up legislation Thursday night to end air traffic controller furloughs blamed for inconveniencing large numbers of travelers.
    From the Associated Press
    WASHINGTON -- With flight delays mounting, the Senate approved hurry-up legislation Thursday night to end air traffic controller furloughs blamed for inconveniencing large numbers of travelers. A House vote on the measure was expected as early as...

    Tags: Democratic Party, Unemployment, U.S. Airways, National Institutes of Health, Air Transportation Delays

  20. Apr 23, 2013 |Story| Los Angeles Times
  21. Senators point blame, solutions to air traffic delays

    <span class="runtimeTopic">WASHINGTON</span> -- As delayed flights jammed up air travel, Senate Republicans on Tuesday blamed the White House for furloughing air traffic controllers, as Democrats offered a new proposal to replace the sequester cuts that have begun to affect ordinary Americans who need services from the federal government.
    WASHINGTON -- As delayed flights jammed up air travel, Senate Republicans on Tuesday blamed the White House for furloughing air traffic controllers, as Democrats offered a new proposal to replace the sequester cuts that have begun to affect ordinary...

    Tags: Air Transportation Industry, John Thune, Harry Reid, Parties and Movements, Air Transportation Delays

  22. Apr 24, 2013 |Story| Los Angeles Times
  23. Senate approves Obama's budget chief

    WASHINGTON -- The Senate voted overwhelmingly Wednesday to approve President Obama&rsquo;s nominee for top White House budget expert, bringing a woman into a top post in an administration that critics say has been dominated by men.
    WASHINGTON -- The Senate voted overwhelmingly Wednesday to approve President Obama’s nominee for top White House budget expert, bringing a woman into a top post in an administration that critics say has been dominated by men. Sylvia Mathews...

    Tags: Wal-Mart Stores, Inc., Budgets and Budgeting, White House, Thomas R. Carper, Walmart

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